Maxar Technologies is a space technology company headquartered in Westminster, Colorado, United States, specializing in manufacturing communication, Earth observation, radar, and on-orbit servicing satellites, satellite products, and related services. DigitalGlobe and MDA Holdings Company merged to become Maxar Technologies on 5 October 2017. Maxar Technologies is the parent holding company of Space Systems Loral, headquartered in Palo Alto, California, US; DigitalGlobe, headquartered in Westminster, Colorado, US; and Radiant Solutions, headquartered in Herndon, Virginia, US. Maxar Technologies is dual-listed on the Toronto Stock Exchange and New York Stock Exchange as MAXR. In May 2019, the company was selected as the provider of the power and propulsion element for the Lunar Gateway developed by NASA. On December 30, 2019, the company announced that it had entered into a definitive agreement to sell MDA to a consortium of financial sponsors led by Northern Private Capital for CAD$1 billion. The sale includes all of MDA’s Canadian businesses, encompassing ground stations, radar satellite products, robotics, defense, and satellite components, representing approximately 1,900 employees.. On April 8, 2020, the sale of MDA to NPC officially closed.
Business
Maxar's most visible products include the high-resolution satellite imagery used in Google Maps and Google Earth.
History
2020 – MDA is sold to a consortium of Canadian investors led by Northern Private Capital.
2018 – Announced acquisition of Neptec for $32 million.
2017 – Completed its acquisition of DigitalGlobe, MDA now will be named Maxar Technologies, dual-listed on NYSE and TSX. MDA will then be a subsidiary of US-based Maxar by 2019.
2006 – acquired Lyttle & Co., property and related search information
2006 – acquired xit2 Ltd., information exchange solutions for lenders and home surveyors and other outsourced service providers
2006 – expanded into financial services with acquisition of Mindbox, a supplier of advanced decision systems for mortgage lending, for $12.6 million USD, with up to $10.75 million contingent on performance
2005 – acquired business of EMS Technologies Canada, a major supplier and subcontractor, for $8.9 million
2004 – acquired Marshall & Swift / Boeckh for $337.8 million, with $104.9 million contingent on performance.
2003 – acquired Millar & Bryce, a commercial provider of land information in Scotland, for $21.32 million, with $1.76 million contingent on performance.
2002 – acquired Dynacs for $3.1 million, with an additional $6.8 million contingent on performance
2002 – acquired Automated Mining Systems of Aurora, Ontario for $225,000
1996 – acquired Iotek, a supplier of signal processing and sonar technology for military customers, for undisclosed sum
1995 – MDA was acquired by Orbital Sciences for $67 million in stock
1993 - MDA sells its Electro-Optical Division based in Richmond Canada to a Swiss Private Equity firm which merges with Cymbolic Sciences based in California.
1969 – John MacDonald and Vern Dettwiler founded MacDonald, Dettwiler and Associates.
